European wildfire and heatwave losses top $3.5BWildfires and heatwaves across France, Spain and several other European countries have caused more than 3 billion euros ($3.5 billion) in economic losses this year, Firstpost reports, citing Financial Times. France’s Gironde region has been among the hardest hit, with about 40,000 businesses directly affected by the fires. In Spain, wildfires near Madrid destroyed commercial buildings, homes and vehicles.